AGP Executive Report
Last update: 5 hours agoSME Finance: Abu Dhabi’s Numou and Comera Financial Holding are joining forces to offer UAE small businesses working-capital and supply-chain finance, business accounts and digital payments through Numou’s marketplace. The funding can help firms buy inventory, pay suppliers and cover gaps while waiting for customer payments. Digital Payments: Mastercard and Bahrain’s stc pay are expanding business payment services for SMEs, including prepaid cards to manage expenses. A Mastercard survey found 57% of Bahrain’s SMEs still use personal cards for business spending. Business Banking: Emirates NBD has opened its VIP programme to more business clients, with eligibility based on banking activity rather than invitation. Benefits include priority service, fee discounts and a dedicated relationship manager. Trade Links: Abu Dhabi Chamber and India’s FICCI signed a deal to widen market access and encourage trade, investment and joint ventures between the two business communities.
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